Question: How does the company assess the risks of modern slavery and trafficking in their supply chain?
Answer:
Conducting desk research including information from third parties/NGO's
14562870
Walk Free
MSA risk assessment
Morgan Stanley
2021
Unverified

Page 6 expresses that the statement does not assess these risk. However, the Supplier Code of Conduct does express the issues coming from these things.

Madison Hill.....2023-04-03 15:55:42 UTC

My previous comment is incorrect! On page 2 of the statement, Morgan Stanley details how it ensures all employees are aware of the risks and that they monitor them closely during their work. It also states that a hotline is available to assess the risks, which is interpreted as a risk management tool.

Madison Hill.....2023-04-06 18:24:20 UTC

The company also has a prominent due diligence program: "Morgan Stanley’s vendor due diligence program, using a risk-based approach, assesses risks associated with third party suppliers. In 2021, reviews were conducted for over 2,850 suppliers. Reviews ranged from a search and analysis of online public records, including significant litigation and regulatory actions for high-risk suppliers to a negative media search for suppliers determined in prior assessments to be low risk. The reviews identify, among other things, potential for risks associated with human rights and other social and/or environmental issues."

Madison Hill.....2023-04-11 14:12:48 UTC